Categories Earnings, Technology

CyberArk (CYBR): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

—  CyberArk Software (NASDAQ: CYBR) reported earnings of $0.97 per share in the fourth quarter of 2019, vs $0.81 per share expected. 

— Q4 revenue rose 19% to $129.7 million, vs $126.4 million expected. 

— For 1Q20, company expects adjusted earnings of $0.35-0.41 per share on revenues of $106 million to $110 million.

— For full year 2020, company expects adjusted EPS of $2.26-2.38 on revenues of $511 million to $519 million.

— CYBR shares fell 9% during pre-market hours following the announcement. 

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